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>>> welcome to nhk world "newsline." >>> barack obama has some unfinished business. the u.s. president says the hard work of millions of americans has not been rewarded and he says it's time to reunite the engine of economic growth. he promised to work on behalf of the middle class in his state of the union address. >> it is our unfinished task to restore the basic bargain that built this country, the idea that if you work hard and meet your responsibilities, you can get ahead, no matter where you come from, no matter what you look like or who you love. >> obama made the address before a joint session of congress. he said his first priority is making the country a magnet for new jobs in manufacturing. he said some of those jobs could come through investment and clean energy. he said the extreme weather americans have seen should remind them they need to do more to combat climate change. obama said america will remain the anchor of strong alliances around the world, as he outlined threats from abroad. he criticized north korean leaders a day after they carried out another nuc
is flying to washington for his first talks with u.s. president barack obama since he took office in december. their agenda is packed and their discussions are expected to touch on everything from a wide-ranging free trade deal to punishing north korea. >> translator: i want the summit talks to show the international community that japan and the united states have restored the strong bond of their alliance. >> abe says that alliance became unstable during the former democratic party-led administration. he says he's going to talk to obama about the u.s.-led negotiations for the transpacific partnership. nations that joined the discussions for the free trade agreement are supposed to in principle eliminate all tariffs, but abe doesn't want to abide by the precondition. abe and obama are expected to share ideas on what to do about north korea. scientists in the country last week carried out their third nuclear test. the leaders are expected to agree to push for a u.n. security council resolution imposing new sanctions on pyongyang. >>> government officials say the prime minister will
. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> i'm s.e. cupp. right now on "the cycle," we're spinning the wheel of miss fortune. today, it lands on sequester siesta. wake up. >> i'm toure, if it's tuesday, it's beat the press. the white house loves that game. and sneaking out to play a little golf with tiger woods. >>> i'm kristal ball. had has gender equality hit a -- >> and i'm steve kornacki. put that in your pipe and smoke it. >> oh, twitter pics of steve catching a quick siesta in the office before we air are always a hit. >> yeah. >> here's one from this morning. >> catching a few zs. >> this is a habit. >> is this is the pot segment -- >> yes, it is. >> this one happens to be my favorite. that was from a month or so ago when i caught him slumped down in his chair. you'll notice a couch right behind him. >> yeah, i'm raising six kids, right? >> that couch is really unc
>> first of all, i would like to say that korea, south korea is the most important neighbor for us. and the president-elect, i have had -- i have met her twice and i have had a meal with her. my grandfather was best friends with her father. at the same time, the president was someone very close with japan, obviously. but we do have the territorial issue between japan and the united states. japan and korea, sorry. even with those issues, the economic relationship is very strong. the people to people exchange is very strong. the ties with japan and korea is something that cannot be severed. i think the relationship that we have which south korea is extremely important, the cooperation we can achieve between these two countries. we can try to work to resolve these issues and have a good relationship with three out. -- with korea. we are planning to dispatch the vice prime minister and finance minister to participate in the ceremony on the 5th of february. >> thank you for a speech with so many good sound bites. are there things you would like to have the united states say or do? have
. this kind of game changing innovation has enabled us to leap ahead and increase harvest and feed the whole world. sometimes these innovations come from the most advanced science. other times they are simple steps and ideas that come from looking at and listening closely to the problem. all of them can break down barriers to food security. it can allow us to allow new paths of progress. -- plow entirely new pass to progress. we need those new pathways forward. take a look at a few recent headlines. "drought and mississippi impacts everything from livestock to deer." "food shortages could force the world into vegetarians." "patent endings raises new biotech issues." "global crop production shows signs of stagnant." "could climate change be al qaeda's best friend in africa?" i could go on. when i think of the factors that make up the perfect storm, i'm reminded of what mark twain reportedly observed. by land, they're not making it anymore. i wish twain was right. the truth is, global warming is making less. we need to do more land that we still have. every year 7 billion of us on earth use th
are delighted to have the prime minister here. this is an exciting time for us. we know of his leadership through the years and we are really delighted to have him here. we are excited that he can be with us today. i would especially like to say words of thanks for our colleagues. we are delighted to have you here, a senior advisor to the prime minister is here. the deputy chief and cabinet secretary. the ambassador is here, one of my bosses. i have to recognize him. a great service for america and japan, we are delighted to have you here. and the governor from alaska, he is our closest state to japan and has the keenest interest in japan. it is wonderful to have you here, governor. there is a new word in washington, the new economics that prime minister abe is bringing to japan. we have to get ourselves started again and i think that is exactly what he is doing in japan. i would like to take a second, talk about the foreign-policy agenda. japan's foreign policy going forward to protect freedom of thought, expression, and speech in the asia-pacific. can you think of anything more importan
in your home state. that is the way it used to work and we can make it work that way again. there are a number of things we have to do immediately. we may disagree on how to dress them but not the need for them to be addressed. each of you are making different decisions you are grappling with it. i do not think there is much much difference. i'm not mad a governor from the time of implementing the recovery act and on now who does not think we have to do something about our infrastructure. there is very little disagreement on the need too build an education that has such immense possibilities for our people. most of these issues were united by more than what divides us. these all intersect at a place where both the state and federal governments engage. we are going to have to work together. they overlap, in many cases. we will have our differences. we should all agree that the united states has to have the highest percentage of college graduates of any nation in the world. everyone disagrees. some of you governors have led the way an early education and the consequences for
killed in a blast in the turkish capital outside the u.s. embassy. smoke has been seen from the side entrance of the building. we will get the latest from the scene. a motorway bridge collapses in china, where a truck packed with fireworks exploded. in mexico city, 25 people have been killed in an explosion at the state oil company. rescuers are trying to help the many that were trapped. can australian do enough to stop the united nations from stripping the great barrier reef of its world heritage status? also, looking at what's happening in business news. and jobs in the usa. >> the american economy is shrinking. employment, hoping for 160,000 new jobs to have been created. we will get the manufacturing reports later today as well. >> its 12 noon in london, 7:00 a.m. in washington, 2:00 in the afternoon in turkey. if we start with breaking news. there's been an explosion in front of the u.s. embassy in turkey and one person has been killed. there's no indication as to what caused the explosion in a neighborhood that's home to a number of foreign missions. let's get the latest from o
the world start to loosen up the purse strings a little bit. nothing to write home about, but in the u.s. as an example, stay and local government actually grew for us this quarter and federal was not down as much year over year as we've seen in prior quarters. >> and another sign of improvement in the housing market. the number of u.s. homes entering the folk process in january fell to a level not seen since the peak of the housing boom. down 11% from december but all is not well, says housing barren sam zell. >> everybody kind of has ignored the fact that there's still 3 to 4 million houses in purgatory. not for sale. not foreclosed. maybe occupied, maybe not occupied. and you've got to address that. >> if you're looking for somebody who has done it all, look no further. he's with us. bob hormats is vice president of goldman sachs international. at the state department making the case for american companies overseas. bob, it's good to see you again. >> great to be back on your show. >> let me begin on sort of this front and center issue that we're all talking about and that is sequestr
big earnings reports coming in. we're awaiting on hp and aig. the bank that used to be essentially owned by, you, the taxpayers. we'll bring you the numbers as soon as they are released. markets shaken up by the minutes released from the federal reserve yesterday. coming up, we have dick evans, chairman and ceo of cullen frost bankers, member of the advisory banker of the fed, and his bank didn't take a dime of t.a.r.p. money and was able to survive and grow without t.a.r.p. funds. what he says is hurting our economy and what we need to spark more growth. sandra: crocs ceo joining us first on stock business, a pop today, following earnings, find out what the foot ware company is doing to follow up a record setting 20 # 12. david, the shoes still sell like hot cakes. daifd -- david: they came back because of good management. we'll talk about that, but, first, what drove the markets today with the data download. a sea of red on wall street with all three ending lower the second day in a row. s&p in negative territory for the week, on track to snap the longest winning streak in more t
thought was good for us all. i am honored to be here with american enterprise institute and for me it's like coming to the mac and the promised land and certainly we recognize the great contributions that the american enterprise is given over many years in helping us with the development of policy and understanding of what's taking place particularly here in washington d. c., so thanks for the invitation to come here and speak. we are going to talk about health care today and from a utah perspective, my view of the world when it comes to health care. it's a complicated topic and it's certainly an important topic and i know health care has been on the lips of many, the watercooler topic that it may be. i have heard the story of the four country surgeons in utah talking about health care issue and they got into the conversation of who is the easiest person to operate on? and the one doctor says i can tell you the easiest people to operate on a really mathematicians. when asked why mathematicians come to when you open them up and take them apart all of their parts are numbered so it's ve
. the u.s. trade gap narrows as the world buys more made in america products and the u.s. buys less foreign oil. >> susie: and with gas prices rising, chevy hopes its new diesel chevy cruze will attract buyers looking for more miles per gallon. >> tom: that and more tonight on "n.b.r." >> susie: millions of people are bracing tonight for a powerful snow storm that could cripple the east coast. some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. in parts of the northeast, transportation was shut down. the governors of massachusetts and connecticut declared a state of emergency and banned car travel, train service and cancelled flights in and out of boston. while the worst of the storm has yet to hit, many businesses and cities were busy making preparations today. erika miller reports. >> reporter: this monstrous storm is already being compared to the great blizzard of '78, when vast amounts of snow blanketed the ohio valley and the great lakes. that storm lasted 36 hours, leaving cars stranded. this storm could also b
-free. use promo code: gethelp. if you're not completely satisfied, notify lifelock and you won't pay a cent. order now and also get this shredder to keep your documents out of the wrong hands-- a $29 dollar value, free. get protected now. call the number on your screen or go to lifelock.com to try lifelock protection risk free for a full 60 days. use promo code: gethelp. plus get this document shredder free-- but only if you act right now. call the number on your screen now! liz: good afternoon, everybody, iemg liz caman, stocks up across the board, trading near the best levels of the day. take a look. the dow jones industrials up 47 points, that s&p level now at 1529, up nine points,. nasdaq better by 16. the dow is now just about 1% away from its all-time closing high of 14164.53 back to october 9th of 2007. just before the launch week of fox business. it's been awhile. we'll see whether the bulls can turn it up a notch and make it interesting going into the close. in the meantime, though, while the blue chips get the attention, since the dow 30 has named people recognized, we want to poi
they could do to reassure the u.s. and the international community, it seems to be another clear implication of what you are saying is that the u.s. takes further steps to support the syrian opposition it would be read as strengthening their view that we are out to get them. >> we are out to get assad. are we ipso facto out to get iran? are we going to protect the allies, which is something i think we need to do despite the fact that they have a bad record? no one in syria has a sterling record, but it think we need to give them the opportunity to say there is a news syria forming. do they want to be engaged? what is the relationship there? i'm not very optimistic that we could get the iranians on board, but maybe you could find a way to make them increasingly less relevant. do they equate that with a regime change? maybe. we have to be aware of it. i think that's a stretch. i think the iranians could see, what i say is increasing value in the opportunity to talk if they begin to understand that the region is not moving totally in their direction all the time, which i think indeed is the cas
of the school. what mattered 60 boys used to come to classes here but 40 have not -- 160 voyage used to come to classes here. 40 have not returned. their parents are too afraid to send them. in a country where spending on education is near rock bottom, the schools have seen some investment. one student who wants to be a policeman tells us have used to be. >> we have new chairs, carpets, and tables, he says. everything is gone. i feel very sad. and we worry the attackers will come back. >> we held a license. >> the headmaster has been so worried he has bought a gun. are you ready to use this to defend the people? >> yes. to defend my children. and my teachers. [indiscernible] we try to teach our children. >> back to the girls' school, classes are over for the day. the people's head for home. among them, many other school girls who are a steady in courage. >> you're watching "bbc world news america." could this building be the center of the chinese military cyber-attacks against the u.s.? we will show you what we found. today it was her comments about the duchess of cambridge that caused a fir
important meetings of the year. shinzo abe is flying to washington for his first talks with u.s. president barack obama since he took office in december. their agenda is packed and their discussions are expected to touch on everything from a wide-ranging free trade deal to punishing north korea. >> translator: i want the summit talks to show the international community that japan and the united states have restored the strong bond of their alliance. >> abe says that alliance became unstable during the former democratic party-led administration. he says he's going to talk to obama about the u.s.-led negotiations for the transpacific partnership. nations that joined the discussions for the free trade agreement are supposed to in principle eliminate all tariffs, but abe doesn't want to abide by the precondition. abe and obama are expected to share ideas on what to do about north korea. scientists in the country last week carried out their third nuclear test. they are agreed to push for a nuclear resolution imposing new sanctions on pyongyang. >>> government officials say the prime minister wi
, and women who are or may become pregnant or are breastfeeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the legs. tell your doctor about your medical conditions and medications, especially insulin, corticosteroids, or medicines to decrease blood clotting. so...what do men do when a number's too low? turn it up! [ male announcer ] in a clinical study, over 80% of treated men had their t levels restored to normal. talk to your doctor about all your symptoms. get the blood tests. change your number. turn it up. androgel 1.62%. ♪ ♪ i don't want any trouble. i don't want any trouble either. ♪ [ engine turns over ] you know you forgot to take your mask off, right? [ siren wailing in distance ] ♪ [ male announcer ] introducing the all-new beetle convertible. now every day is a top-down day. that's the power of german engineering. [ticking] >> for more than a decade, t
pushing up fuel prices. those higher prices come as gasoline is also on the rise. joining us now with the outlook for energy, alan harry. he's portfolio manager and c.e.o. of the spartan commodity fund. alan, let me first start off by talking to you about home heating oil. we saw prices up this week 3%. what is the trend going forward? >> well, thank you for having me. what i look at right now is short term we're going up a little bit more. longer term we're heading down. two, three weeks we're going to go up just a little bit more. after that, down we go. >> susie: why is that? >> well, i think we're coming to the close of the heating season. we already have an idea of what days we have left of heating. and it's not using up enough. so they've kept a lot in reserve, a lot of speculation coming to the market, and it's not getting used up. two, three weeks we have a great idea of where we will sit heating season wise. after that, down we go displuz for most of the u.s., households use natural gas. they don't use heating oil. and the ones that do are mostly in the northeast. so com
there in that video this morning. they have the capability to be held and used to produce rapid fire. i asked a question on month ago, what purpose does serve in civilians hands are on the street. i haven't received an answer yet but they did blurt the second amendment. 2nd amendment. it wasn't about the 2nd amendment. i defend the second amendment. and i want to see that upheld and regulated and it hasn't been. when that was written on most 300 years ago we didn't have the weapons we have today in the technology. they had muskets and cannons. i think it was 1934 when the ban was put on machine guns, the regulation. we haven't had a mass killing with a machine gun since. i feel these so-called assault weapons that have certain characteristics should fall in that category and be banned. >> thank you mr. heslin, thank you very much. at one point steinbeck had to write a small paragraph that said basically, people are asking what happened. this was after his wife joined him in seattle and when he says we get is not charlie and john. and somebody must have said tim hey where's charlie? yes disapp
morning with us. i'll see you at the top of the hour. "your bottom line" starts right now. >>> thanks. see you at the top of the hour. we're not in a recession. for many of you, it sure might feel like one. good morning, everyone. i'm christine romans. for a moment there it felt like things were turning around, stock market near all-time highs, housing market recovering and the economy adding jobs every month. now relief may have given way to a little bit of worry. here's why. it's starting to feel like a recession again, especially if you're living paycheck to paycheck, gas prices up nearly 50 cents in the past month. the fastest run-up, you're bringing homeless money, thanks to the expiration of the tax cut. you're getting about 60 bucks less every month. rents are rising, up 12 quarters in a row now. unemployment is still too high. if you were counting on an early tax refupd you have had to wait. because of the fiscal cliff fiasco, the irs did not start issuing refund checks until january 30th. a stretched consumer, a consumer who has no choice but to cut back. big companies you work fo
house just fine drone strikes on u.s. citizens overseas. nbc news reported on the memo monday night and it has gotten lots of reaction in washington. what are your thoughts? call -- we want to get your thoughts on social media as well on twitter or facebook. or send us an e-mail. we will get your thoughts in a moment. first, josh gerstein is joining us on the phone. here's your headline -- what was this memo? guest: this is a white paper that looks like it was derived from some confidential legal opinions that the opinions -- opinions that the justice department wrote that authorized drones or some other counter-terrorism operations to basically killed u.s. citizens overseas. and it talks about one set of circumstances. it looks like it is talking specifically about a particular country or type of country or certain type of leaders or terrorist organizations and under what conditions it would be ok to use this type of lethal force. it does not talk about drones per say, but it appears that is what they are referring to. if it does not rule out using its under other circumstances. it
stimulus plan. we are asking for you to give us your view. welcome to this addition of the washington journal. we want to know from you what is your view of the economic recovery the president talked about four years ago. here are the numbers -- you can also reach out to us via social media. the address is on the screen. for twitter, the address is cspanwj. pan.book.com/c-spas or you can e-mail journal@c- span.org. we begin by talking about the speech that the president made four years ago in elkhart, indiana. it is part of the nbc news elkhart project. we will talk more about that. we want to talk to you about your view of the economic recovery. our first call comes from randy and new hampshire on our line for independence. caller: how are you guys this morning? things are going downhill fast. we are in this huge crisis. the recession is going on and on. we are lucky that we are not in worse shape in a severe depression. the banks keep doing business. things need to change fast. host: what kind of work do you do? caller: i am a diesel mechanic by trade but i now go to school. i go to
council resolution. >> reporter: the u.s. ambassador to the u.n., susan rice, echoed the strong criticism. >> the actions of north korea are a threat to regional peace and security, international peace and security, and they are not acceptable. they will not be tolerated. and they will be met with north korea's increasing isolation and pressure under united nations sanctions. >> reporter: the security council was quick to condemn the test. it also responded quickly in december when north korea successfully launched a long-range missile. the test could bring north korea closer to developing a nuclear warhead that is small enough to be mounted on a missile. critics point out that the security council members feel that the threat of north korea's program is becoming more rea than ever before. >> so miki, what's next? will the security council adopt tougher sanctions against north korea? >> reporter: well, the u.s., along with south korea, australia, and european members are all for tougher sanctions. these may include tightening the noose on north korea's financial institutions and weapons t
westgate is away but we'll do our best without him. we have michael brown to help us through things. coming up on the program, we'll head out to hong kong where china is requiring a reinstruct during of the economy. >>> after that, of course, the super bowl wasn't just one of the on biggest sporting events of the year, it was one of the biggest days of the year for madison avenue. we'll take a look at which ads were touchdowns and were ads were fumbles. >> mariana rajoy meets angela merkel. >>> plus, upcoming elections that sylvia berlusconi has called his last great electoral and political battle. >>> the power to split up uk banks if they fail to -- activity. george osborne is expected to give the bank of england the responsibility to make sure banks are involved in these activities. you have to love the extended analogy. watch the george osborne speech live here at 10:30 local for those of you here with us in the uk. in the meantime, there are more charges at the top over at barclay's. last night, the bank's financial chief and financial chief announced their leaving. tomorrow, barclay's
all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood cell count, headache, diarrhea, vomiting, and increase in psa. see your doctor, and for a 30-day free trial, go to axiron.com. . >>> welcome to newsroom international i'm suzanne malveaux taking you around the world in 60 minutes. here's what's going on rights now. kind of weird. this is an online video showing new york city in flames, north korean rockets launching and a north korean man sleeping like a baby. the music in the background, we are the world, the video posted by a north korean propaganda web site hits the webs a few weeks after north korea's launch of a satellite. we will talk more about this video. we want to brings you to saudi arabia, a secret america
, this was very important for us to stay in positive risk environment. >> hans, we're seeing the response to the upside now. second highs, 1.32. are you sticking by your thoughts that it is still heading towards 1.30? >> we have to make it clear that in the next quarter or two the euro has upside potential and not downside potential. then the longer prospect for the euro is still very swb very negative. why is this euro overshoot taking place? it has a lot to do with the increasing negative correlation with the yen. so the euro is the anti-yen. that implies that when we were seeing the yen coming under selling pressure, japanese investors, where are they currently investing? investors are investing in fixed income. in many cases, very little yields left so that actually means the peripheral of europe sticks out. you need to have some preconditions. the most important, the yen has to stay weak, but secondly we should not run into any politically motivated problem with the euro. that would be a killer for that type of trade. >> and on that note, the european commission today is due to relea
director. brennan used to run the cia station in saudi arabia. we will be live from pentagon in a minute. >>> and falling from space, wow, pretty cool, at a rate of more than 843 miles per hour, that's how fast dare devil felix baumgartner fell when he jumped from space. the official speed has been released. even faster now than those record keepers thought at first. pretty cool stuff. >>> one of our top stories today at cnn, a secret american drone base somewhere in saudi arabia, now this is according, these are reports from two major newspapers today, saying that this u.s. launches these drone attacks against al qaeda targets from that particular base. i want to bring in two folks here at the pentagon chris lawrence also michael holmes from cnn international. chris, it's not a total surprise that this was there in saudi arabia, but certainly it was not something that they officially wanted to reveal. why are they doing it now? >> that's the big question, suzanne, why did this come out? we reported two years ago from our sources u.s. officials were telling us the cia was building an air
with anybody to get this job done. none of us will get 100% of what we want. nobody should want these cuts to go through. the last thing our families can afford right now is pain imposed unnecessarily five bipartisan recklessness here in washington. the american people have worked too hard, too long to see the official cause yet another one. it seems like every three months there is some crisis. we have more work to do and to just try to dig ourselves out of these self inflicted wounds. while a plan to reduce our deficit has to be part of our agenda, we also have to remember deficit reduction alone is not an economic plan. we learned in the 1990s, when bill clinton was president, nothing shrinks the deficit faster than a growing economy that creates middle-class jobs. that should be our driving focus. making america a magnet for good jobs. equipping people with the skills to fill those jobs. making sure that their hard work leads to a decent living. those are the things that we should be pushing people to work on every single day. that is what the american people expect. that is what i am
before the market opens, david. and ask this question, will the gas price spike lead us into another recession. >> if it persists, the answer is yes, if it's quickly, the answer is no. stuart: and another question, do you expect this price spike to persist? >> yes, it's not over. we've got a refining capacity contraction in the u.s., it's not resolved so more higher gasoline is ahead of us. stuart: and david, hold on, i want to see what happens when the opening bell starts to ring and starting right now. i'm expecting the dow to hit 14,000, we've been away for three days and friday afternoon the dow closed at 13,981. the early indicator suggested we go up, 20, maybe 20 points at the opening bell and that would take us to 14,000 so we're off and running again. stocks at a very high level. i've got a question for you. are you in this market, you, the little guy. we've got an expert on that coming up in just a moment from charles schwab and he'll give us the answer and on the high side in the first seconds. today's merger talk, a number of mergers, officemax, office depot reportedly get
a decade, the u.s. military establishment has treated cyberspace as a domain of conflict, where it would need the capability to fend off attack or launch its own. that time is here, because someone sabotaged a top secret nuclear installation in iran with nothing more than a long string of computer code. >> we have entered into a new phase of conflict in which we use a cyberweapon to create physical destruction. [ticking] >> viktor bout, in my eyes, is one of the most dangerous men on the face of the earth. >> on the face of the earth? >> without a doubt. >> which is why the u.s. government launched an elaborate international sting to nab viktor bout. what makes bout so dangerous? and how did d.e.a. agents eventually grab him? the answers in our story later. [ticking] this is what espionage looks like. the man driving the car is gregg bergersen. he's a civilian analyst at the pentagon with one of the nation's highest security clearances. his companion is tai shen kuo, a spy for the people's republic of china. bergersen knew a secret that the chinese desperately wanted to know, and neither
liesman. also at the table with us this morning, our guest host is andy surel. andrew just talked about the markets. stocks ending at session lows yesterday. in fact, all ten s&p sectors closed lower. yet the bulls betting this is nothing more than a bull pac. but we will have a number of powerful investors for their thoughts throughout yao the morning. jim o'neill will join us in just a few minutes. then in the next half hour, the man charged with making sdigs for how blackrock invests more than $1 trillion, the firm's chief investment strategist, russ koesterich. nouriel roubini will be joining us and we're going to ask him for his current view of the world. in the following hour, buy and hold is the name of his game, barons capital ceo ron baron will be our special guess. he's been talking to us about how great of an opportunity stocks have been. we'll see if he's still feeling that optimistic now that stocks have reached 14,000 or close to it. >>> how majority leader eric cantor is set to address a major policy issue today. the goal here is trying to rebrand the gop. moving on, befo
-japanese protests started causing a protest of japanese protests and those who use them. and the protests are so bad that a chinese man made the simple mistake of driving a japanese car in a chai neads city of chian and was beat sewn badly he is paralyzed. this week, a chinese minister accused a japanese vessel of target i targeting the radar on a japanese ship off of the islands, but the chinese officials are disputing it happened. now think about this, the world's second and the third largest economies playing chicken in the pacific over a dispute of uninhabited islands, but if this diplomatic disagreement were to escalate into a military obligation, the united states would be obligated by the 52-year-old treaty obligation to help the sovereignty of japan, and does that mean that north korea would come to the aid of china, but it is a quaint and admittedly alarmist experiment, because that is not how foreign wars are conducted anymore. next month marks the 10-year invasion of iraq, and the last conflict that we can think of conventional war that claimed the lives of more than 4,000 americans and b
for talking with us this morning, dr. torrey. he's the founder of the treatment advocacy center. we now go to a live hearing of the senate judiciary committee. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> i want to thank the senator pat leahy for giving us the opportunity to have this hearing today. we are pleased to have such a large audience for the hearing. it demonstrates the importance of this issue. at the outset, i want to note that the rules of the senate prevent outbursts or clapping or demonstrations of any kind during these hearings. there was so much interest in today's hearings that we had to expand opportunity for the audience in an adjoining room. the overflow room is 226 of the dirksen building. i will make opening remarks and give ranking member cruz the same opportunity and then welcome our first witness. we are here to discuss a critically important issue, maybe a very basic question. we venerate in this country are committed to the life, liberty, and the pursuit of happiness of those who live in amer
for watching us tonight. i'm bill o'reilly. please remember, that the spin stops right here. so we're definitely looking out for you. >> welcome to hannity tonight for those of you who have not heard yet. comments made by rush limbaugh made on this program went viral and caused it to crash because of the traffic. here is what he had to say. >> ladies and gentlemen, for the first time in my life i am ashamed of my country. to be watching all of this, to be treated, to have my intelligence, all of us to have our common sense and intelligence insulted the way it's being, is -- it just makes me ashamed. seriously, man, i mean, they get worked up over 44 billion dollars, that's the total amount of money that will not be spent that was scheduled to be spent this year. and in truth, we're going to spend more this year than we spent last year. we're just not going to spend as much as was projected. it's all baseline budgeting, there is no real cut below a baseline of zero, there just isn't. and yet, here they come, sucking us in, roping us in, panic here, fear there, crisis, destruction,
manufactured crisis. >> it sure does. we have a senate insider with us who knows all too well how the senate works or in most cases doesn't work. former senate leader tom daschle and also the author of "the u.s. senate." welcome. >> thank you. >> on this sleepy siesta day, i want you to try to get obama's mind back on us. if you remember back in the presidential debates he sort of dropped a bomb when he said the sequester will not happen. a couple of his advisers went back and said, well, i think what he meant was, it should not happen. he also tried to shake off the proposal something that congress believed got four pinocchios. this came from the white house. and now according to politico, obama is not really reaching out to senate republicans to try and get anything done. my question to you is the sequester that obama actually wants because he thinks republicans will get the blames for the cuts? or this just a gamble that he didn't think was going to go all the way and as far as it has? >> well, i think the president has come to the conclusion that it's pretty hard to reach a deal right no
institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., february 13, 2013. i hereby appoint the honorable doug collins to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 3, 2013, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate . the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes each, but in no event shall debate continue beyond 11:50 a.m. the chair recognizes the gentleman from maryland, mr
is tracking it for us on live doppler 7hd. >> we may done with precipitation but not the wirpt look cold. here's live doppler 7hd and you can see very also precip taetion showing up right now. much of what is falling is at monterey bay and hitting monterey itself. still few spots of shower activity in the san cruz mountains but for the most part precipitation here has ended. however we have some unusual weather to the our north and east today from sacramento northward. storm reports. frontal cloud sighting and 2 tornado this afternoon. both here and touched down at 1:30 this afternoon. no reports or damage. sec one touched down to the south. still here about an hour later at 2:30 this afternoon. no damage or injuries reported. so very unusual day of weather in and around the bay area. right now the showers wipeding down. back later to tell you how cold it will be overnight. >> all right spencer see you shortly. >> it's not clear if the weather or car accident or perhaps something else caused tonight power outage in san rafael. right now as many as 11,000 customers still in
-off. u.s. markets fell yesterday following the release of the fed minutes. it was the worst day of the year for the s&p and nasdaq. as you can see, shedding 108 points there, a rare triple digit decline this year. energy and material stocks were the worst hit. all ten s&p sectors did hit the day lower. volatility on the rise. the vix rose nearly 20% on this session. the sell-off has continued overnight. the shanghai composite, the australian markets taking it on the chin. will i sixuan joins us from singapore. >> thank you, kelly. fears of an early access by the fed rocks sentiment here in asia today. the nikkei pulls back 1.4% from its 52-month high. investors remain cautious ahead of the decision on the next boj chief. construction equipmentmakers were down after caterpillar reported slowing sales for the quarter ending january. but batterymaker gsyuasa reported a fix over long-term battery problems. the shanghai composite tumbled to 3% today. commodity place were under a lot of pressure today after the u.s. fomc minutes raised the possibility of a qe asset. development and ce
on book tv computer andres talks about a long history of smuggling in the u.s., which prior to the revolutionary war was driven by a desire to grow domestic industries and bypass paying import taxes to the british. it is about an hour and a half. >> good afternoon and welcome to the watson institute for international studies. the discussion of peter and raises new book, smuggler nation, hal illicit trade made america. housekeeping, i have to mention some things. the way we're going to run this is as follows. i will do a brief and perfunctory introduction. and peter is going to get up and talk briefly about the book is obviously most of you have not read the book. this will become a stanley one-way conversation. after this will invite richard and james to say their piece on the book, and hopefully we can get stuck into a good discussion of smuggler nation and its aspects. at that point, we will open it up for q&a. you will see it is one fix microphone, and another mobile microphone for this side of the house. if you wish to join the q&a, please, if you're on this side get up
of 87 of 75 against the euro, as well. darren maher joins us. there's been quite a big move already in sterling before this announcement, one wonders actually whether the ratings downgrade, now it's on a stable outlook, is perhaps the end of the weakness in sterling. >> i suspect not, to be honest. we can talk about it being a move and certainly over the last couple of years, there has been a big shift in cable. frankly, this has been a relatively small move. we can't say as of yet it's overshoot. i don't think the market will take great solace that we're now in a stable outlook from moody's because i think everybody recognizes the uk is still fragile and the growth position is more fragile, so i think more down side is possible. >> but what is in the price, darren? >> i think from this point forward is how much slippage do we get. i would say it's more what's in the price and what's in the price for sterling is the market has given the uk a lot of good will that it will be able to mix this wonderful growth of austerity. i think what the market is now doing is reappraising that. tha
in london or certainly in the u.s. they wouldn't mind seeing at this point. >> we've created a million private sector jobs. >> in britain? >> yeah. >> well, congratulations. >> there you go. that is the great conundrum, right? >> it's true. the different between -- well, and even with germany. the liesh market social security holding up, despite the sharp contraction in the fourth quarter. although this will probably add to the sense that the german economy bottomed during that period. >> did i see any -- i haven't seen any, no. i think that's out a little later. plenty to get through on today's program. >> it's good to be back, by the way. >> biggest take away from the mobile world congress? what's the one thing you saw that you thought, oh, that is really cool. >> i go to a conference like this and i think, machine res taking over the world. >> that's the thing we talk about. i don't like those machine peps. >> exactly. so 50 billion connected-m devic. that's a figure thatjs -- some y the point is, it isn't just about you and i talking to each other on a mobile phone. we are well bey
legal troubles. >> thanks for joining us at 6:00. our top stories tonight, pope benedict the xvi giving his final blessings to a huge crowd in st. peter's square today. police estimated over 100,000 people gathered to listen to the pope's last weekly prayer. pope benedict thanked everyone for his prayers and support he's received in the recent weeks. the 85-year-old pontiff will step down on thursday at 8:00 p.m. >>> a special mass today before heading to the airport. >> he'll be taking part in the selection of a new pope. lauren? >> reporter: the cardinal stopped to speak with us. he said pope benedict's successor will have to have a balance between wisdom and energy. enough energy to take on the abilities and wisdom to lead the church. it's secretive, but he shared what he could with us. >> reporter: loaded to rome for the mission of a lifetime. >> apart from the most significant thing you could do, i can't imagine that i would have to do anything as important as this. >> cardinal donald world, departing from dull less international headed to italy. >> the preparation for something as
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